Central Bank of Nigeria

(redirected from Nigerian Central Bank)

Central Bank of Nigeria

The supreme monetary authority in Nigeria. It issues the Nigerian naira, maintains foreign currency reserves and is charged with maintaining monetary stability. It is also the lender of last resort for Nigerian banks. It was established by law in 1958.
References in periodicals archive ?
The Nigerian central bank has stopped payments for milk imports into the nation.
The Nigerian central bank has released a circular, with reference number OFI/DIR/CIR/GEN/17/139, on last Friday (April 21, 2017) to reveal this development,
The Nigerian central bank has said that it will make all efforts to preserve the nation's foreign exchange after a British court granted a natural gas firm the right to try and seize USD9bn in assets from the Nigerian government, according to Reuters.
Consequently, the Nigerian central bank has delivered a loan to Skye Bank Plc to strengthen its liquidity status subsequent to its violation of the capital and lending-related obligations.
The Banker Magazine has named Nigerian central bank governor, Lamido Sanusi, as Global Central Bank Governor of the Year 2011.
The Nigerian central bank is considering its second bill sale to auction open market bills.
The Nigerian central bank has said that it will soon start the review of banks' loan ratios.
Nigeria s chief financial establishment has informed the Nigerian Stock Exchange (NSE) that it has settled on accepting a Holding Company Structure in fulfillment with the Nigerian Central Bank s rules on: (a) Scope, Conditions & Minimum Standards for Commercial Banks No.
The Nigerian central bank has called on the nation's commercial banks to lend more in order to encourage the economy.
The head of the Nigerian central bank has said that the nation is to maintain its controversial foreign-exchange system.
Figures from the Nigerian central bank show that non-performing loans at the nation's banks have touched NGN1.676tn as of the end of March 2019.
The Nigerian central bank has directed authorities to initiate policies to curb access that banks enjoy to bonds and treasury bills.

Full browser ?